Tech Trends: May 5 (5 stories)

Tuesday, 5 May 2026 Daily Technology GLOBAL

Here is your Daily summary for Technology across the world for Tue 5th May 2026

DeepInfra has secured $107 million in Series B funding, led by Nvidia and Samsung, to enhance its cloud inference platform aimed at resolving AI compute bottlenecks. This investment underscores the growing demand for efficient AI solutions as the sector expands. Meanwhile, rival Cerebras Systems is eyeing a substantial $3.5 billion IPO to strengthen its position in the competitive AI chip market.

Palantir Technologies has provided a positive revenue outlook despite disappointing commercial sales, indicating resilience amid a broader software selloff. The company aims to demonstrate its value to investors, while Apple continues to thrive, driven by strong demand from affluent consumers, highlighting a shift in consumer behavior that could influence future sales strategies.

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